Meraki Hair Design Ltd

Key Facts

Net Assets

Current: £3,069

Previous: £9,297

Change: -6,228 (-67%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £27,094

Previous: £49,632

Change: -£22,538 (-45.4%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £36,979

Previous: £50,072

Change: -£13,093 (-26.1%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £9,885

Previous: £440

Change: +£9,445 (+2146.6%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £12,954

Previous: £9,737

Change: +£3,217 (+33%)

Comment: Fixed assets increased significantly.

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 7

Previous: 5

Change: +2 (+40%)

Comment: Strengthening the team.